Around five equity mutual funds offered more than 100% return in the last one year. These five funds were from PSU theme based mutual fund category, according to the data by ACE MF.
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CPSE ETF, the largest fund in the category based on assets managed, offered the highest return of 116.41% in the last one year.
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This PSU theme-based mutual fund offered a 101.56% return in the same time period. Launched in July 2010, the scheme manages assets of Rs 3,071 crore as of May 2024.
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Invesco India PSU Equity Fund
Invesco India PSU Equity Fund, the oldest fund in the category, gave 99.12% return in the last one year.
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Aditya Birla SL PSU Equity Fund
Aditya Birla SL PSU Equity Fund delivered a 95.60% return in the last one year. Launched in December 2019, the scheme manages assets of Rs 4,711 crore as of May 2024.
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ICICI Prudential PSU Equity Fund
ICICI Prudential PSU Equity Fund offered 86,12% return in the last one-year period. Launched in September 2022, the scheme manages assets of Rs 2,588 crore as on May 31, 2024.
